Ningbo Changhong Polymer Scientific and Technical Dividends and Buybacks
Dividend criteria checks 2/6
Ningbo Changhong Polymer Scientific and Technical is a dividend paying company with a current yield of 2.55%.
Key information
2.6%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 36.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.310 |
| Payout ratio | 206% |
Recent dividend and buyback updates
Recent updates
Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Could Be Struggling To Allocate Capital
Oct 03
Ningbo Changhong Polymer Scientific and Technical's (SHSE:605008) Earnings Quality Is Low
Sep 06Is Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) A Risky Investment?
Jul 03Ningbo Changhong Polymer Scientific and Technical Inc.'s (SHSE:605008) P/S Is On The Mark
Jun 06Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Could Be Struggling To Allocate Capital
May 07Ningbo Changhong Polymer Scientific and Technical (SHSE:605008) Use Of Debt Could Be Considered Risky
Mar 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605008 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605008's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Ningbo Changhong Polymer Scientific and Technical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605008) | 2.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (605008) (up to 3 years) | 2.6% |
Notable Dividend: 605008's dividend (2.55%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 605008's dividend (2.55%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (206.5%), 605008's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605008 is paying a dividend but the company has no free cash flows.